Prime 2.87-acre level commercial lot with East Main Street frontage, ideally located near downtown Farmington, NM! This versatile property offers unparalleled exposure for any business venture, with utilities conveniently on-site for a seamless development experience. The strategic location and high visibility make this lot a fantastic investment opportunity for retail, office, or mixed-use purposes. Don't miss out on this premium location with endless potential for growth and success in a thriving area.
Lot/land
$525,000
720 E Main St, Farmington, NM 87401
--beds
--baths
2.87Acres
Unimproved Land
Built in ----
2.87 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High visibilityEast main street frontage
- 49 days |
- 23 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Allen Elmore 505-686-3831,
Exp Realty, LLC 505-554-3873
Source: New Mexico MLS,MLS#: 20262968
Facts & features
Interior
Features
- Has fireplace: No
Property
Lot
- Size: 2.87 Acres
Details
- Parcel number: 2075171143521
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Not Available
Community & HOA
HOA
- Has HOA: Yes
Location
- Region: Farmington
Financial & listing details
- Tax assessed value: $198,369
- Annual tax amount: $3,822
- Date on market: 5/19/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,167/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Price change | $525,000+23.5% |
Source:  SJCMLS #25-1141 Report a problem | ||
| 8/29/2025 | Listed for sale | $425,000 |
Source: SJCMLS #25-1141 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,784 -0.2% | $66,123 |
| 2023 | $1,788 -0.4% | $66,123 |
| 2022 | $1,796 +0% | $66,123 |
| 2021 | $1,795 0% | $66,123 |
| 2020 | $1,796 +0.1% | $66,123 +0% |
| 2017 | $1,793 +0% | $66,115 -32.1% |
| 2016 | $1,793 -34.3% | $97,328 |
| 2015 | $2,730 +3.4% | $97,328 -2.9% |
| 2014 | $2,639 | $100,234 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 87401
Nearby schools
GreatSchools rating
- 5/10McKinley Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Tibbetts Middle SchoolGrades: 6-8Distance: 3.9 mi
- 6/10Farmington High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- San Juan County
- Farmington
- 87401
- 720 E Main St
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